Nokian Tyres plc Stock Exchange Announcement January 12,2007 10.00 am SHARES SUBSCRIBED WITH OPTION RIGHTS; NOKIAN TYRES PLC After August 21, 2006 registered increase in share capital a total of 39,550 Nokian Tyres plc's shares have been subscribed with the 2001A option rights, 104,100 with the 2001B option rights, 143,340 with the 2001C option rights and 127,350 with the 2004A option rights. These option rights are attached to the Nokian Tyres plc's Option Programs of 2001 and 2004. An increase in share capital totalling 82,868 euros was entered into the Trade Register on January 12th, 2007. The shares will be traded on the Helsinki Exchanges together with the old shares as of January 15, 2007. Identifiers of Nokian Tyres plc's share after the increase in share capital: Trading code: NRE1V ISIN code: FI0009005318 Number of shares: 122,446,610 After the increase, Nokian Tyres plc's share capital is 24,489,322.00 euros. Nokian Tyres plc Raila Hietala-Hellman Vice President, Communications and Investor Relations